oversold
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English
[edit]Etymology
[edit]Pronunciation
[edit]Adjective
[edit]oversold (not comparable)
- (finance) In a stock or commodity market condition where there has been significant trading driving prices down to lower levels, levels which seem overextended or excessive on a short-term basis.
Usage notes
[edit]The term can be applied subjectively, or in technical analysis there are various different indicators which technical analysts may use for (more or less) objective identification of oversold conditions.